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Tag: short sale

If Considering A Loan Modification Keep In Mind The Short Sale Option

November 12, 2011

Hello everyone I am Shawn Polston with Tucson Short Sale Negotiator and 502 Short Sales thank you for checking out my blog today. My team and I specialize in short sales within the Tucson area and I blog every week to pass along important information to underwater property owners across Tucson. If my blog is helpful today please stop by my website or contact me today for even more information on your options for avoiding foreclosure.

For my blog topic today I wanted to discuss the option of a loan modification if you are having trouble paying your mortgage. A lot of the clients I have had in the past have tried a loan modification but have had very little success. Almost all of them also have negative comments to make about working with their lender on a loan modification. If you have your heart set on a loan modification I can assist you for free and answer any questions you may have. One thing I often see from clients attempting a loan modification is that they are actually putting themselves in an even worse situation. I have seen some mortgages get turned in to a forty year loan and even some homeowners back loading their mortgage with larger payments down the road. Unfortunately a loan modification is usually just delaying the inevitable of needing to sell your underwater property. If you owe more on your home than what it is worth a short sale will be your best option hands down. If you have any questions about the short sale process or your current mortgage I would be happy to sit down and discuss your options. Please visit my website or contact me today with any questions you may have. Thank you for your time and I look forward to hearing from you soon.

Your FHA Or VA Mortgage May Pay You To A Complete Short Sale

November 7, 2011

Hello everyone Shawn Polston here with Tucson Short Sale Negotiator and 502 Short Sales, thank you for taking a minute to check out my blog today. My team and I specialize in short sales within the Tucson area and I blog frequently to provide valuable information to distressed property owners. If you are searching for even more short sale information or have questions about your mortgage situation please visit my website or contact me today to get started.

For our blog topic today I wanted to discuss working on a short sale file for an FHA or VA mortgage. The FHA and the VA are mortgage insurers and do not actually own your mortgage. In fact, a small portion of your mortgage payment every month goes to cover this insurance provided by the FHA or the VA. If you are considering a short sale and have an FHA or VA backed mortgage it is their decision on what the terms of the short sale will be. Because both of these entities are run by the government they have to follow some stringent guidelines in order for a short sale to be considered. In fact, the FHA and VA don’t even call it a short sale but instead a compromise sale. The process with either one is rather straight forward and I have a lot of experience working with both of them. Once the FHA or VA approves your short sale, regardless of what the lender has to say, it is guaranteed and can go to closing. They may even pay you to complete your short sale through their relocation allowance program. If you have an FHA or VA mortgage and are considering a short sale please contact me today. I have the experience and knowledge to get your short sale approved. Thank you for your time today and I look forward to hearing from you soon.

New Short Sale Program With Chase Will Pay You To Sell Home

November 1, 2011

Hi there everybody this is Shawn Polston with 502 Short Sale, Tucson’s leading short sale agent, thank you for your time today. My team and I specialize in short sales in Tucson and I blog every week to keep distressed property owners informed and aware of their options for avoiding foreclosure. If my blog today is helpful please visit my website or give me a call to discuss your options.

For my blog today I wanted to talk about a new short sale program from Chase Bank that seems too good to be true. Recently I have had a number of clients come to me with a letter from Chase Bank offering to pay them between five thousand and thirty thousand dollars to complete a short sale on their home. These letters are the real deal please do not mistake them for a scam. I have already completed a number of short sales through this Chase Short Sale Outreach Program and the process was quick and easy with a big surprise at the end. The amount of money that Chase Bank will offer all depends on the value of the home, the number of loans involved, and other information specific to your mortgage. At closings already I have had clients walk away with ten thousand dollars and have a closing in a few days where a client may walk away with thirty thousand dollars. Once you walk away from your property Chase will cancel the mortgage and waive any deficiencies to free you from any debt owed on the property. So if you have received a letter like this recently don’t throw it away but instead give me a call. Thank you for your time today and I look forward to hearing from you soon.

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About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.

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